USD/CAD Analysis - page 56

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Victoria Jensen
1147
Victoria Jensen  
The pair almost reached 1.3080 - it bounced off from 1.3070 and it is currently retracing. The next target will likely be at 1.3000 - 1.2900.
Ari Goldman
963
Ari Goldman  
It's looking bullish. If next week we see 1.3120 I'm considering going short on the pair.
Victoria Jensen
1147
Victoria Jensen  
It bounced off from 1.3000 after forming a hammer candlestick on the four-hour time-frame at that level. Next target is likely at 1.3070 again.
fxstrategist007
107
fxstrategist007  
Consolidation on the USDCAD just above its 55 day EMA on the 1.2997 level with a good resistance at the 1.3081 level. The 1.3200 level may act as resistance if the pair continues higher, but to the downside, the 200 day EMA at the 1.2955 level may act as support.
Victoria Jensen
1147
Victoria Jensen  
USD/CAD bounced off from 1.3050 and currently continues moving to the downside, next target will likely be at 1.2950.
Shaheen Hassanali
1707
Shaheen Hassanali  

Looking bearish for now



Victoria Jensen
1147
Victoria Jensen  
The pair found some resistance at 1.3050 and bounced off from it. It is currently testing the support at 1.2920 and a breakout below that level could lead to a further move to the downside below 1.2900.
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